MacKenzie Scott Donates Another $2 Billion, Bringing Total Philanthropy To $19.2 Billion

Billionaire author and philanthropist MacKenzie Scott announced an additional $2 billion in donations in a blog post, bringing her total contributions since 2019 to $19.2 billion, Thalia Beaty reported for the Associated Press (AP).

Scott’s wealth, primarily derived from Amazon shares received during her divorce from founder Jeff Bezos, is estimated by Forbes at $31.7 billion, even after years of substantial philanthropy. I Photo: Jackie Robinson Foundation

Scott shared new insights into her wealth management strategy, stating that she has instructed her advisors to invest in “mission-aligned ventures.” In 2024, most of her grants focused on enhancing economic security and opportunities.

“I’ve asked the investment team helping me manage the assets I’m working to give away to source funds and companies focused on for-profit solutions to these challenges,” she wrote, contrasting this approach with simply withdrawing funds from traditional financial portfolios.

Scott’s wealth, primarily derived from Amazon shares received during her divorce from founder Jeff Bezos, is estimated by Forbes at $31.7 billion, even after years of substantial philanthropy.

Gabrielle Fitzgerald, CEO of The Panorama Group, which advises nonprofits that have benefited from Scott’s generosity, noted Scott’s growing emphasis on addressing poverty.

“She is creating an amazing role model for philanthropists, though few have followed her example,” Fitzgerald said.